Donate Stocks or Bonds

Save Lives Through Tax-Deductible Giving.

Why Donate Stock or Bonds to a Charity?

Donating appreciated stocks or bonds is simple and easy to give more to causes you care about. When you donate stock or bonds to a charity, you’ll generally take a tax deduction for the full fair market value. Donating stock saves you money and helps you avoid capital gains tax while earning a bigger tax deduction.

Best Types of Stocks to Donate

  • Shares that have been held longer than one year and one day.

  • Shares with the largest unrealized capital gains.

  • Highly liquid stocks that trade on a public exchange.

Types of Stock to Not Donate

  • Stocks owned for less than one year.

  • Stocks that have obtained losses.

  • Privately held stocks or restricted shares of public stocks.

What Are The Benefits?

There are some pretty big benefits when donating stocks or bonds to the Mother of Life Center. Donating stock is one of the smartest and most efficient ways to give to a charity while saving money and earning larger tax deductions. Here are some benefits to consider when donating stock:​

  • Avoid paying capital gains tax on the sale of appreciated stock.

  • Receive a charitable income tax deduction.

  • Your contribution and tax deduction could increase over 20%.

  • You can maximize your gift and impact.

What are the Next Steps

To learn more about giving through stocks or bonds, please read below:

1. Seek the advice of a financial or legal advisor.

2. When you include the Mother of Life Center in your plans, please provide your financial advisor or bank with the following information and the total gift amount.

You will need to provide Mother of Life Center with the following information:

  • Type of Security.

  • Number of Shares transferred.

  • Your cost basis of those shares.

  • Your acquisition date of those shares.

  • Anticipated date of transfer to Mother of Life Center.

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To transfer your shares held with your broker directly to the Mother of Life brokerage account, provide your broker/advisor with the following information: 

 

3. Please contact Lise Desmarais-Doyle: 401-421-0821 to notify our office of your intended gift. Your information will also allow us to identify and promptly acknowledge your gift.

*Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.